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Bitcoin’s 63% HODL Share May Not Signal a Major Bull Run

Bitcoin’s one-year HODL share rose 0.98 percentage points in a month to 63%, but adjacent age bands also shifted around the threshold, meaning the figure alone may not confirm a major bullish signal.

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Bitcoin’s 63% HODL Share May Not Signal a Major Bull Run

Bitcoin’s one-year HODL share increased by 0.98 percentage points over the past month, reaching 63%, according to CryptoSlate. However, the shift does not necessarily represent the broad bullish signal some market observers may associate with the figure. Adjacent age bands also moved around the one-year threshold during the period, indicating that the change partly reflects coins moving between holding-age categories. The data point therefore needs to be considered alongside the activity of neighboring cohorts rather than viewed in isolation. CryptoSlate’s report focuses on the composition and movement of Bitcoin’s supply by age, highlighting that a headline percentage can change as holdings cross a defined time boundary. For BTC market watchers, the one-year share is a supply-age measure, not by itself confirmation of a major market trend.

Source CryptoSlate Written by Moneyiar based on reporting from the cited source and Moneyiar market data.
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